Advertisement

NEW CGI Directory

Home Press Releases World's Largest Network of Geo ...

Press Releases by DomainInformer.com


World's Largest Network of Geo-Targeted Financial Websites Up for Sale


January 22, 2008; 07:13 AM

CORONA, Calif., Jan. 22 /PRNewswire/ -- As 2008 kicks into high gear, a
blockbuster group of geo-targeted financial websites has hit the
marketplace and is being offered exclusively for sale by California
entrepreneur Sai Pola. The offered package includes NewYorkLoans.com,
FloridaLoans.com, TexasLoans.com, SeattleLoans.com, BaltimoreLoans.com,
AtlantaLoans.com and over 800 top US cities and 48 of the state "loan"
websites. Most of the domains offered for sale have been registered for at
least a decade and the asking price of $3.5 million amounts to about $4,000
per domain, far less than comparable domain sales completed in 2007.

Geo-domains, with their local focus, have skyrocketed in value in
recent years and financial domain names have always been among the most
prized URLs given the premium pricing associated with loan leads. "Neither
states, nor cities, are likely to change their names anytime soon, and the
market for loans - personal loans, auto loans, home loans, student loans
and small business loans - remains strong," said Pola.

"Major banks spend millions annually to attract new customers, shelling
out $10-$25 per lead. In fact, they spend $3-$5 million just to open a new
branch on the street with a very limited and tiny market reach," he added.
"The new owner of these 865 websites will instantly win a huge segment of
the loan marketplace without having to constantly shell out dollars for
fresh prospects. These websites attract hundreds of thousands of natural
type-in visitors without having to spend any money on advertising."

The value of domains has increased steadily since 1999 when Bank of
America acquired the rights to Loans.com. Since then, domains have gained
popularity as lucrative investment vehicles with extensive profiles in
Business Week, Business 2.0, USA Today and other business publications.
Other publicly reported financial domain name sales include: Savings.com
for $1.9 million (2000); CreditCards.com for $2.75 million (2004); and
CreditCheck.com for $3 million (2007).

For the complete list of websites and top-quality domain names being
offered, or to submit a confidential offer on this premium package, please
contact Sai Pola at +1-971-226-4577 or via email at [email protected].


Source: www.prnewswire.com

Advertisement

Partners

Related Resources

Other Resources

arrow